CompanyGraph
Use to find companies where this pattern is active.
Three observations co-occur: the current relative-volume reading is elevated, the volume-price divergence reading over the trailing year is elevated, and the trend-exhaustion composite is firing. The combination records co-occurring readings; it does not identify market participants or predict trend direction.
State
Relative volume elevated, volume-price divergence elevated over the trailing year, and the trend-exhaustion composite firing
Emergence
Three observations co-occur: the current relative-volume reading is elevated, the volume-price divergence reading over the trailing year is elevated, and the trend-exhaustion composite is firing. The configuration records present-state volume elevation alongside two trend/divergence readings; the diagnostic does not identify who is buying or selling, attribute the volume pattern to any participant class, or claim distribution is occurring.
Limits
This interpretation records co-occurring readings, not market-participant identification. None of the three observations measures institutional flow, retail flow, dark pool activity, or order-book composition. The 'volume-price divergence' observation records weekly volume-vs-price correlation over the lookback window; mapping that to a participant-intent reading ('distribution' vs 'accumulation') is interpretive vocabulary the formula does not establish. The 'trend-exhaustion' observation is a composite of indicator readings — it records the current state of those indicators, not whether the trend will actually end.
Screen for Relative Volume Elevated With Negative Close/Volume Correlation (1y) And Late-Window Price/Vol/Volume Decline
Find stocks where this pattern is currently active in the screener.
Explanation
This diagnostic records a co-occurrence of three readings: Relative Volume measures the current period's volume against a recent baseline. An elevated score indicates current volume is high relative to recent norms. Volume-Price Divergence (1Y) records whether weekly volume changes have correlated with weekly price direction over the trailing year. An elevated score indicates the two have diverged. Trend Exhaustion is a composite that fires when present-state indicator readings (typically RSI, momentum decay, divergence) align in a 'mature trend' configuration. It records the present state of those indicators, not whether the trend will end. The configuration places elevated current volume alongside two trend/divergence readings. The conventional 'apparent volume breakout vs structural price weakness' framing maps this combination to a market-participant intent claim (informed selling masked by elevated volume). The underlying formulas record only the volume and trend/divergence readings; they do not measure participant identity, intent, or order flow.
Interpretation
This interpretation records a co-occurrence of three observations, not market-participant identification. It does not predict a reversal, identify who is buying or selling, or attribute the volume to any participant class.
Required Observations
Relative Volume
The latest week's volume is well above its 90-week average.
Recent Half of 60-Week Window: Smaller Price Move, Lower Volatility, Lower Volume
Over the last 30 weeks the price has moved less, less violently and on less volume than the 30 weeks before.
Negative Correlation Between Weekly Closes And Weekly Volume
Over the last 52 weeks, weekly closes and weekly volumes have moved in opposite directions.